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SLQT - SelectQuote stock trades red on pricing 10.6M shares in secondary offering
SelectQuote Inc.
SelectQuote (SLQT) -2.2% premarket, has priced secondary public offering of 10.6M shares by certain affiliates of Brookside Equity Partners and other stockholders of the Company at $27.50/share.Underwriters have an option to purchase up to an additional 1.59M common stock from the Selling Stockholders.Offering is expected to close on March 8.The company will not receive any proceeds from the offering.